Moscow Domodedovo International Airport has reported a 2016 first-half net income of RUB3.7 billion ($57.1 million), up 4% year-over-year (YOY). The first-half reporting period ended June 30.
Bombardier will cut its workforce by approximately 7,500 employees through 2018 as part of an effort to create “a clear path to profitable earnings growth,” president and CEO Alain Bellemare said.
The UFO flight attendant union for Lufthansa Group’s low-cost (LCC) subsidiary Eurowings has announced strikes could be possible at any time for two weeks, starting from Monday, Oct. 24, after talks with management failed.
Embraer Commercial Aviation CEO John Slattery believes a new rule, which initially limits Chinese startup airlines to smaller aircraft, could create opportunities for the Embraer E190.
Brazilian aircraft manufacturer Embraer is preparing to add the fourth and final test aircraft to its E190-E2 program, which has now accumulated 241 flight hours.
[UPDATED] Turkish Airlines’ long-term CEO Temel Kotil has resigned to become head of Turkish Aerospace Industries (TAI), a center of technology in design, development, manufacturing and after-sales support in Turkey.
Seattle-based Alaska Air Group, parent of Alaska Airlines and Horizon Air, posted third-quarter 2016 net income of $256 million, down 6.6% from a net profit of $274 million in the 2015 September quarter.
“An unfavorable light” is being cast on US commitment to the law and its Open Skies agreements by the delay in finalizing a decision on Norwegian Air International’s (NAI) application to begin flights to the US, New York-based JetBlue Airways has charged.
The European Commission has announced the availability of €400 million ($438 million) to aid the deployment stage of the Single European Sky ATM Research (SESAR) program.
Cairo-based EgyptAir has inked a deal to purchase eight new Boeing 737NGs, with first delivery expected in February 2017, according to an EgyptAir statement.
Italian flag carrier Alitalia has completed a major IT upgrade that involved switching its reservations system to a new provider, the airline said Oct. 19.
Seattle-based Alaska Air Group remains in discussions with the US Department of Justice (DOJ) over gaining antitrust clearance for its acquisition of San Francisco-based Virgin America and continues to be confident the deal will be approved.
Fast-expanding low-cost carrier (LCC) Norwegian recorded a third-quarter net profit of NOK992.5 million ($121.1 million), up 19% compared to a net profit of NOK832.8 million in the year-ago quarter.
American Airlines reported third-quarter 2016 net income of $737 million, down 56.5% from a net profit of $1.7 billion in the prior-year period, and is planning conservative capacity growth through 2017.
FAA is contending with a backlash from some communities around airports where Performance Based Navigation (PBN) procedures have inadvertently created concentrated areas of increased aircraft noise.
IATA and global IT provider SITA said the tracking rates of Radio Frequency Identification (RFID) technology could reduce the number of mishandled bags by up to 25% and save the air transport industry over $3 billion by 2022, according to a paper released Oct. 19 at the IATA World Passenger Symposium in Dubai, UAE.
